Question: 1 0 : 0 1 5 G + 1 1 . 5 Unanswered Which of the following is true of the relationship between the average
:
G
Unanswered
Which of the following is true of the relationship between the average product of labor and the marginal product of labor?
Whenever the marginal product of labor is less than the average product of labor, the average product of labor must be increasing.
Whenever the marginal product of labor is greater than the average product of labor, the average product of labor must be increasing.
C
The average product of labor equals the sum of the marginal products of labor.
Whenever the marginal product of labor is
D increasing, the average product of labor must be increasing.
The marginal product of labor equals the average product of labor for the quantity of workers where the marginal product of labor is at its maximum.
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